re: Ann: ADE: Beach declares its offer price ...
yep, antie, you could be so wrong and he/she could be just an innocent bystander who keeps silent most times....exciting times for beach..yes, but more drills have to be done and total resource has to be proven first for sp to reflect that future value...short term market sentiment is holding sp down like most other shares disregarding future potential or/and fundamentals....don't think any predator would move to t'o beach just yet.....maybe J/V with STO regarding development cost of shale gas et al. in the cooper?....sto has plenty of funding available, beach's finances are rather restricted especially once ade t/o is wrapped up...a heavy drain on cash reserves nevertheless...anywhichway, we shall see...keep on trading and holding some of these beetchy shares...
BPT Price at posting:
$1.26 Sentiment: Hold Disclosure: Held